The EURJPY begins the correctional decline – Analysis – 28-10-2021
Economies.com
2021-10-28 05:00AM UTC
The EURJPY price formed correctional bearish attack, affected by stochastic negativity, to notice crawling below 132.00 support line and move to the correctional bearish track again.
These factors along with 132.00 level forming additional barrier allow us to expect resuming the negative attempts, to target 131.40 followed by reaching 23.6% Fibonacci correction level at 130.80.
The expected trading range for today is between 132.00 and 131.40
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar gives up three-week high ahead of unemployment claims data
2023-12-07 11:30AM UTC
Dollar declined in European trade on Thursday against a basket of major rivals away from three-week ...
Forex
Euro sharpens decline to three-week trough on European interest rate cut prospects
2023-12-07 07:39AM UTC
Euro fell in European trade on Thursday against a basket of major rivals, heading for the seventh ...
Forex
Loonie resumes gains before BOC decision
2023-12-06 14:01PM UTC
Canadian dollar rose in American trade on Wednesday against a basket of major rivals, resuming ...
Forex Technical Analysis
Forex
The USDCHF below the moving average – Analysis - 08-12-2023
2023-12-08 04:40AM UTC
The USDCHF pair provided temporary positive attempts yesterday and returned to settle below the ...
Forex
The NZDUSD surpasses the resistance – Analysis - 08-12-2023
2023-12-08 04:40AM UTC
The NZDUSD pair breached 0.6140 level clearly and settled above it, to stop yesterday’s ...
Forex
The AUDUSD regains the bullish track – Analysis - 08-12-2023
2023-12-08 04:40AM UTC
The AUDUSD pair continued to rise after confirming breaching 0.6545 and holding above it, to ...